Aam Aadmi Party: From all Angles

The Aam Aadmi Party, a champion of the “common man”, has a determined objective to abolish corruption. The persisting inflation, nearly zero employment growth, crumbling infrastructure and investment growth have added discomfort to every man. Its abrupt popularity is threatening the dominance of the two main parties of India, namely, Congress and Bharatiya Janta Party.

The leaders of this party have started implementing their campaign promises- by granting increased subsidies for household electricity and water, and banning foreign investments in the supermarkets. Although they are not against Foreign Direct Investment (FDI), they want to allocate and exploit the existing resources efficiently in the economy. With the help of a government helpline, all corruption cases can be dealt with. Transport via the metro should be free for short distances.

Business leaders feel that this might affect the investment climate extensively; hence they are becoming agitated by the party’s leftist economic policies. All these demand colossal capital investments/ loans from nationalized banks. Consequently, infrastructure investments will slow, as will the economy.

AAP should plan to increase water for Delhi, and not make it cheaper. Acting on people’s wishes without proper planning is mis-governance. The party should show concern towards economic growth, jobs and sustainable prosperity along with investment in infrastructure, considering the current global situation.

AAP is also opting to work for reservations for the disadvantaged groups of the society, as reservations based on castes are extreme in India. But, India does not need more reservations and quotas; instead investments should be made in skill-building and mentoring. The caste and creed based reservation should come to an end and affirmative action has to step in to provide equal opportunities for everyone with merit as the sole criteria.

AAP prefers government ownership to give as many complimentary services as possible without considering the aftermath on the state finances and the state’s duty to build physical and social infrastructure while maintaining security.
The revelation of its national policies on several issues will create contradictions within their constituencies and will attract criticism from many quarters. What India needs is good governance. The corporate world is uncertain about how the political situation will play out.

The genesis of the AAP is gratifying because it brought out the disgust with corruption and the culture of entitlement among politicians. It might remodel our politics and politicians, as mainstream parties are compelled to embrace the AAP’s policies. But AAP will put the country back in its growth and development because of its illiteracy on economic matters.

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